OceanFirst Stock Price on July 31, 2020 Breakdown

OCFC
 Stock
  

USD 21.13  0.26  1.22%   

As of today, the current price of OceanFirst Financial is  21.13 , as last reported on the 19th of August, with the highest price reaching  21.29  and the lowest price hitting  21.02  during the day.
We consider OceanFirst Financial very steady. OceanFirst Financial Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had 0.14% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for OceanFirst Financial Corp, which you can use to evaluate the future volatility of the company. Please check OceanFirst Financial Corp Semi Deviation of 1.15, risk adjusted performance of 0.1972, and Coefficient Of Variation of 629.2 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
  
The current year Net Income Common Stock is expected to grow to about 109.9 M. OceanFirst Financial Price to Book Value is projected to increase slightly based on the last few years of reporting. The past year's Price to Book Value was at 1.28. The current year Price to Earnings Ratio is expected to grow to 18.16, whereas Price to Sales Ratio is forecasted to decline to 4.72. OceanFirst Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
56.8 M
Shares Outstanding
59.1 M
Shares Short Prior Month
1.1 M
Dividend Share
0.71
Earnings Share
1.65
Shares Short
1.1 M

OceanFirst Financial Valuation on July 31, 2020

It is possible to determine the worth of OceanFirst Financial on a given historical date. On July 31, 2020 OceanFirst was worth 15.5 at the beginning of the trading date compared to the closed value of 14.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OceanFirst Financial stock. Still, in general, we apply an absolute valuation method to find OceanFirst Financial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OceanFirst Financial's related companies.
 Open High Low Close Volume
08/05/2020
  15.50    15.71    14.60    14.60    575,071  
  15.60    15.87    14.67    14.67    163,171  
Backtest OceanFirst Financial  |  OceanFirst Financial History  |  OceanFirst Financial Valuation Next  
Open Value 15.5
14.6
Closing Value
19.50
Upside

OceanFirst Financial Trading Date Momentum on July 31, 2020

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

OceanFirst Financial Corp Fundamentals Correlations and Trends

By evaluating OceanFirst Financial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among OceanFirst Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OceanFirst financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About OceanFirst Financial Stock history

OceanFirst Financial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for OceanFirst is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OceanFirst Financial Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing OceanFirst Financial historical stock prices may prove useful in developing a viable investing in OceanFirst Financial
Last ReportedProjected for 2022
Weighted Average Shares59.4 M64.1 M
Weighted Average Shares Diluted59.6 M64.4 M
Issuance Purchase of Equity Shares-22.3 M-22.8 M

OceanFirst Financial Stock Technical Analysis

OceanFirst Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of OceanFirst Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of OceanFirst Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

OceanFirst Financial Period Price Range

Low
August 5, 2020
High

 15.50 

  

 14.60 

-0.9-5.81%

OceanFirst Financial August 19, 2022 Market Strength

Market strength indicators help investors to evaluate how OceanFirst Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OceanFirst Financial shares will generate the highest return on investment. By undertsting and applying OceanFirst Financial stock market strength indicators, traders can identify OceanFirst Financial Corp entry and exit signals to maximize returns

OceanFirst Financial Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for OceanFirst stock's direction in advance. Along with the technical and fundamental analysis of OceanFirst Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OceanFirst to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Please check Your Equity Center. Note that the OceanFirst Financial Corp information on this page should be used as a complementary analysis to other OceanFirst Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running OceanFirst Financial Corp price analysis, check to measure OceanFirst Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OceanFirst Financial is operating at the current time. Most of OceanFirst Financial's value examination focuses on studying past and present price action to predict the probability of OceanFirst Financial's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OceanFirst Financial's price. Additionally, you may evaluate how the addition of OceanFirst Financial to your portfolios can decrease your overall portfolio volatility.
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Is OceanFirst Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OceanFirst Financial. If investors know OceanFirst will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OceanFirst Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.041
Market Capitalization
1.3 B
Quarterly Revenue Growth YOY
0.052
Return On Assets
0.0085
Return On Equity
0.0674
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine OceanFirst Financial value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.